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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: David Pawlak who wrote (6669)5/5/1998 1:40:00 PM
From: Afaq Sarwar  Read Replies (2) | Respond to of 10479
 
David,

I saw this post on Yahoo. This poster has had a 100% success rate with his predictions so far. So, he clearly has been established as a credible poster, almost an impossible status to achieve for anyone following this stock. Thanks to the company.

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Message 17849 of 17878
Reply

reason for the little selloff...
Its_Just_A_Rumor
(old/M/GA)
May 5 1998
11:39AM EDT

a bit more dilution coming (less than 2 million more shares)...

but the terms of the purchase, and the identity of the purchaser will more than compensate.

MTV News:
You hear it first

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I thought you believed that dilution of this magnitude was behind us since Par has changed his ways. I hope you were correct, still.

Can this dilution be good for investors? Should we continue to expect more such good news in future?

Any comments?

Afaq Sarwar
ÿ



To: David Pawlak who wrote (6669)5/5/1998 1:44:00 PM
From: Mohammad Khan  Respond to of 10479
 
David,
Here is a BIGGER news!

Osicom's relationship with NEC might be much deeper here...

NEC Establishes Optical Fiber Communication Company!

April 27, 1998 (TOKYO) -- NEC Corp. established NEC Yamanashi Ltd.
to produce and sell optical fiber communications systems and components.

The new company, located in Yamanashi City, Japan, started operations in April 1998.

NEC Yamanashi is a wholly-owned subsidiary that unifies NEC's
Yamanashi and Otsuki plants. It handles parts production to systems
assembly.

NEC projects that sales of the new subsidiary will reach 100 billion yen (US$765 million) in FY98. It is capitalized at 3 billion yen
(US$23 million) and has 1,100 employees.

NEC is now constructing one more plant on the premises of the
Otsuki plant by investing about 10 billion yen (US$76.5 million). The plant is about to be completed in May 1998. With the new plant, NEC
will be able to double its components-producing capacity.

(Nikkei Electronics)